Daily Archives: December 22, 2016

Perishable product shipments are increased in Georgian corridor. As of 11 months, “Georgian Railway” has transmitted 25 639 t cargo by refrigerator sections, more by 624 t comparing to the same period of the previous year. It worth to mention, that sharp decline is fixed in the transfers by refrigerator …

Why are Stalin’s favourite wines on the UNESCO Intangible Cultural Heritage List? We head to Georgia’s vineyards to find out. TWO LITRES OF wine. In one gulp. From out of something that looks a lot like a horn transported from deep in the Austrian Alps. “Yes, it happens,” says my guide, …

The times bring forth the man, or so the saying goes. And if these turbulent and transitional times in fashion — and the wider world — have been shaped by one person this year, it is the head designer of Vetements and the artistic director of Balenciaga, Demna Gvasalia, who graced …

Georgian water and power” is going to enter IPO. The general director of GWP, Giorgi Tskhadadze noted that the current conditions in company help to encourage selling shares on a public scale for the first time and in 3-4 years, IPO will be ready for it. Georgian Water and Power invited …

Up to 40 representatives of local municipalities, businesses, civil society and community organisations from different regions of Georgia visited Lagodekhi on 20 and 21 December 2016 to share experience of the Local Actions Groups (LAGs) that work to engage local residents in rural development. The study visit took place in the …

Railway corridor Baku-Tbilisi-Kars will be commissioned in the first quarter of 2017, the Prime Minister of Turkey, Binali Yildirim, said on Tuesday at a joint press conference with his Georgian counterpart, Giorgi Kvirikashvili, held in Istanbul. “The main railway line project Baku-Tbilisi-Kars, which has been implemented jointly by Turkey, Georgia …

Discovery Networks Germany extends its contract with MX1 and ASTRA for capacity, content management, playout and distribution. SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) announced today that MX1, a wholly-owned subsidiary of SES and a global media service provider, and ASTRA, the largest European Direct-to-Home (DTH) satellite system, …

TBC Bank Group PLC said Wednesday that its subsidiary JSC TBC Bank has inked two loan agreements worth a total of USD55 million with the Netherlands Development Finance Co, or FMO. Under the agreements, FMO will provide two facilities, a USD25 million seven year loan for JSC TBC Bank, and …

Wooden made Georgian Fence, Tone, Wine-press, 43 pitcher and more than 10 kinds of wine-You shouldn’t think it’s some of Kakheti villages, it is located in the center of Tbilisi on the 8th floor of 8 floor apartment and its a bar-restaurant “Flat 37”. The founder of the restaurant Zurab …

TBC Bank’s improved originations strategy has won the 2016 FICO Decisions Award for Customer Onboarding and Management. TBC Bank, a leading Georgian bank, is the first in the country to introduce omni-channel capabilities to improve its originations strategy. TBC customers can start origination processes through a call center and finish …

New Ski lift added in Gudauri, expanding ski routs. Open style 6-person lift is located in old Gudauri and is 2400 meters long with capacity of 1800 passengers in one hour. Construction of ski lift started from old Tatra and finished at top of the Gondola station. As for the …

Founders of advertising company ABK, created new wine brand “ღvino”, which will appear from 2018 on Georgian market with limited quantity, marketer.ge reports. Misha Todua: Wine-vanult of wine brand “ღvino”, is located in village Artani in Telavi administrative center, the grape which is used to produce this wine is processed by …